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Spatial Labs, a web3 infrastructure and hardware company, closes $10M seed round

TechCrunch

Spatial Labs , a web3 infrastructure and hardware company, announced today the closing of a $10 million seed round led by Blockchain Capital with participation from Marcy Venture Partners, the firm co-founded by Jay-Z. This piece was updated to reflect what year LINQ and Gen One Hardware launched.

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Mavenoid, which automates technical support and onboarding for hardware companies, raises $30M

TechCrunch

Mavenoid , a Swedish company that provides both human- and AI-enabled support and troubleshooting tools for hardware companies, has raised $30 million in a series B round of funding. Hardware issues are repetitive, difficult, and time-consuming to fix. ” Technical support. ” Technical support.

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Block releases Bitkey hardware wallet to 95 countries… kinda

TechCrunch

Jack Dorsey’s Block (the company formerly known as Square) announced today that it is releasing its hardware Bitcoin wallet, Bitkey, in 95 countries. The company hasn’t specified the price of the product yet. However, users can only preorder the device at the moment, with shipping starting in early 2024.

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PwC is acquiring Surfaceink, the hardware designer that was once a close partner of Apple’s

TechCrunch

A lesser-known but significant player in the Silicon Valley tech world is getting acquired today — a move that underscores the changing economics in the world of hardware, and who wants to get more involved in that space. All rights reserved. For personal use only.

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10 tips for de-risking hardware products

TechCrunch

million fundraise , I asked company founder Narek Vardanyan what he thinks are the biggest pitfalls in hardware development. 10 tips for de-risking hardware products by Haje Jan Kamps originally published on TechCrunch Last week, when I wrote about Prelaunch.com’s $1.5 In other words, your potential customers.”

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Exafunction aims to reduce AI dev costs by abstracting away hardware

TechCrunch

But they share a common bottleneck: hardware. New techniques and chips designed to accelerate certain aspects of AI system development promise to (and, indeed, already have) cut hardware requirements. But developing with these techniques calls for expertise that can be tough for smaller companies to come by.

Hardware 243
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7 common pitfalls for hardware startups and how to avoid them

TechCrunch

You’ve likely heard that “hardware is hard”; mostly because hardware startups have to deal with things that software companies don’t really have to worry about. ” Hardware development is complex and challenging. Hardware development is inherently a lot more costly than cranking out software.

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